ENDOGENOUS VS. EXOGENOUS COMPARATIVE ADVANTAGE AND ECONOMIES OF SPECIALIZATION VS ECONOMIES OF SCALE

Xiaokai Yang
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Xiaokai Yang: Monash University, Australia and Harvard University, USA

Chapter 13 in An Inframarginal Approach to Trade Theory, 2005, pp 261-290 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionA System of Production for a Consumer-producer and Transaction CostsEquilibrium and Its Comparative StaticsA Comparison Between Our Model and a Neoclassical Trade ModelA Comparison Between Our Model and an Extended Dixit-Stiglitz ModelConcluding RemarksAppendixProof of Proposition 1An extended D–S model with a linear production functionAcknowledgementsReferences

Keywords: Inframarginal Economics; Trade Theory; Heckscher-Ohlin; Stopler-Samuelson; Ricardian Model of Trade; Classical and Nonclassical Mathematical Programming; Corner Solutions (search for similar items in EconPapers)
Date: 2005
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